The Journal of Real Estate Finance and Economics

The Journal of Real Estate Finance and Economics OnlineFirst articles

15-01-2019

Detecting Bubbles in the US and UK Real Estate Markets

This study considers state of the art subset selection and shrinkage procedures − stepwise regression, ridge regression, lasso, bridge regression and the elastic net along with the commonly employed least squares regression − to detect bubbles in …

12-01-2019

Underwriting Limits and Optimal Leverage in Commercial Real Estate

Risk-averse commercial mortgage lenders follow an underwriting policy with strict limits based on the property’s value and cash flow. A borrower then chooses the initial loan amount and amortization that fit into these requirements and maximizes …

12-01-2019

Using Revisions as a Measure of Price Index Quality in Repeat-Sales Models

Repeat-sales indexes are the most widely used type of transaction based property price indexes. However, such indexes are particularly prone to revision. When a new period of transaction data becomes available and is used to update the …

12-01-2019

On the Determinants of REIT Capital Structure: Evidence from around the World

Using a sample of REITs from twelve countries around the world, we examine the determinants of REIT capital structure. We investigate firm-specific and country-specific factors, and account for the unique legal requirements that REITs face in each …

02-01-2019

The Impact of Default and Foreclosure on Housing Values: Rings Vs. Neighborhoods Approach

We use neighborhood boundaries, in addition to a concentric rings approach, to examine single family foreclosure spillover effects on residential sales in Shelby County, TN for 2001–16. We find that using more homogeneous neighborhoods provides …

Additional information

Title

The Journal of Real Estate Finance and Economics

Publisher

Springer US

Coverage

Volume 14/1997 - Volume 58/2019

Print ISSN

0895-5638

Electronic ISSN

1573-045X

DOI

https://doi.org/10.1007/11146.1573-045X

Journal ID

11146